![]() “Patrons,” as they’re called, pledge monthly payments set by the creators themselves - often grouped into different tiers of membership ranging from basic access to premium services and perks. Patreon connects musicians, writers, and other creators with people willing to pay for their content. Patreon Subscription Fees: The average pledge is $7 per month Active Users: 3 million LinkedIn reports that someone is hired on the platform every seven seconds. Leveling up to Premium gives users access to customized salary information and over 16,000 expert-led online courses designed to help users improve their skills in software development, management, data science, and business. Unlike other social media networks, LinkedIn’s revenue mainly comes from the services it offers through LinkedIn Premium, which has four monthly tiers ranging from $30 to $60 for job seekers, $80 for sales and marketing professionals, and $120 for recruiters. If you’re interested in building an online portfolio, growing your career, and connecting with like-minded professionals - chances are you already have a LinkedIn account. LinkedIn Premium Fees: $30 to $120 per month Active Users: 706 million Some have even thrived.Īs Twitter weighs its options, here’s a look at who’s doing “premium” right. Monetizing tweets isn’t impossible - plenty of tech companies have survived subscription-based rollouts, after all. ![]() “Adding frivolous features that are not very meaningful to a membership model would just feel like it's not improving in the right direction,” he says. Twitter ads aren’t particularly disruptive, so an ad-free version probably wouldn’t convince anyone to throw down some dough. “I can’t imagine a world where people pay for exclusive features on Twitter,” says Michael Stelzner, founder of Social Media Examiner.Ĭhris Messina, a product designer and technologist who invented the hashtag in 2007, also has some reservations. Hawaii Alaska Florida South Carolina Georgia Alabama North Carolina Tennessee RI Rhode Island CT Connecticut MA Massachusetts Maine NH New Hampshire VT Vermont New York NJ New Jersey DE Delaware MD Maryland West Virginia Ohio Michigan Arizona Nevada Utah Colorado New Mexico South Dakota Iowa Indiana Illinois Minnesota Wisconsin Missouri Louisiana Virginia DC Washington DC Idaho California North Dakota Washington Oregon Montana Wyoming Nebraska Kansas Oklahoma Pennsylvania Kentucky Mississippi Arkansas Texas Open an Account Whether Twitter’s 330 million active users will actually pay for those tools remains to be seen, but it’s definitely going to be an uphill battle. To get back on track, Twitter is now exploring the possibility of implementing a paid subscription model.ĭetails on what that might look like are scarce, but a recent survey commissioned by the company suggests it could feature upgradeable options like the long-requested “edit button,” recruiting tools, and the ability to block ads for a monthly fee. As a result, Twitter is the only social platform whose revenue is expected to decline in 2020, according to Debra Aho-Williamson, principal analyst for eMarketer. When lockdown measures began, Twitter’s ad revenue dipped another 27%, the company says, losses that account for tens of millions of dollars. The social media giant has struggled to recuperate from plunging advertising revenue and failed product launches for months, and the coronavirus pandemic only made things worse.
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